The company said demand was strong in several key markets, most notably Mexico, Brazil, Europe, South Africa, Nigeria, Australia and Colombia. The more than 2% jump in volume was AB InBev’s largest in over five years.

AB InBev’s stock has skyrocketed this year, surging more than 55% despite weak demand for its mainstay beer brands in the US — the company said volume in North America fell again in the second quarter — as well as trouble in Asia.

The company, which bought rival brewer SABMiller a few years ago and has also acquired several smaller craft beer microbreweries in the past decade, has been trying to pare its burdensome mountain of debt as of late.

But AB InBev pulled the plug on a proposed IPO of its Asian business in Hong Kong earlier this month, citing tough market conditions. That would have raised nearly $10 billion for the company.